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Jul 17, 2011
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it's washington, as you know. >> this is too big -- it's too big of an issue to play chicken with it. >> you have said you think the debt ceiling has to be raised. >> america should not the default. i sympathize with the people who stay, secretary geithner could be exaggerating, and i don't want to test it. i can tell you that there's not a good thing to default. that's not a good thing to do. particularly for us who are conservative republicans who have a great deal of sense that you have to have a balanced budget and pay your debts and kind of work these things out, and you can compromise somewhat but you can't compromise too much, so i hope -- >> if you were sitting at the table, would you say, yeah, i will agree to closing loopholes to oil and gas companies for 1.5 or 2.5 or any amount of spending cuts? >> i wouldn't do tax increases as a way to compromise. >> any? none? >> if we're going to compromise, let's compromise about the spending decreases and the extent of them. we would like to go a lot further than the democrats would like to go. there is areas of negotiation there. i
it's washington, as you know. >> this is too big -- it's too big of an issue to play chicken with it. >> you have said you think the debt ceiling has to be raised. >> america should not the default. i sympathize with the people who stay, secretary geithner could be exaggerating, and i don't want to test it. i can tell you that there's not a good thing to default. that's not a good thing to do. particularly for us who are conservative republicans who have a great deal of sense...
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Jul 12, 2011
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her mom said she knew he'd be big but not this big. dak tors attribute his large size to gestational diabetes. his mom said he'll be fine. his dad says he sees football in his son's future. oh, yes. >> 16 pounds? >> 16 pounds. >> jermichael. she gave birth to a small man? >> what? >> that's giving birth to a small man, if they're that size. >> all right. >>> time now for our ridiculist. tonight we're adding the octomom haters. all those who dare to disparage single mom nadya suleman who hassle 14 kids including her 2-year-old octuplets. and one kristen johnson of "third rock from the sun." tmz reports that she was on a flight from l.a. to new york with octomom and her kids and did the eight screaming 2-year-old annoyed her so much she asked octomom to keep it down. she asked kristen how she was supposed to do that to which she supplied, get more help at which time, octomom said, get a life. i happen to believe children are our future. octomom is 14 times more concerned about the future than the rest of us. wrap your mind around that li
her mom said she knew he'd be big but not this big. dak tors attribute his large size to gestational diabetes. his mom said he'll be fine. his dad says he sees football in his son's future. oh, yes. >> 16 pounds? >> 16 pounds. >> jermichael. she gave birth to a small man? >> what? >> that's giving birth to a small man, if they're that size. >> all right. >>> time now for our ridiculist. tonight we're adding the octomom haters. all those who dare to...
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Jul 17, 2011
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-- this is too big -- this is too big an issue to play chicken with. >> and you have said that you think the debt ceiling has to be raised? >> america shouldn't default. and i sympathize with the people who say secretary geithner could be exaggerating. but i sure as heck don't want to test that, and i can tell you one thing, there's nothing good about defaulting. that isn't a good thing to do, particularly for those of us who are conservative republicans who have a great deal of sense that, you know, you've got to have a balanced budget, you've got to pay your debts, you've got to kind of work these things out, you can compromise somewhat but you can't compromise too much. so i hope -- >> if you were sitting at the table, would you say, yeah, i'll agree to closing loopholes on oil and gas companies for 1.5 or 2.5 or any amount of spending? >> i wouldn't do tax increases as a way to compromise. >> none. >> if we compromise, let's compromise about spending decreases and the extent of them because we would like to go a lot further than the democrats would go, and i think there's area for ne
-- this is too big -- this is too big an issue to play chicken with. >> and you have said that you think the debt ceiling has to be raised? >> america shouldn't default. and i sympathize with the people who say secretary geithner could be exaggerating. but i sure as heck don't want to test that, and i can tell you one thing, there's nothing good about defaulting. that isn't a good thing to do, particularly for those of us who are conservative republicans who have a great deal of...
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Jul 21, 2011
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if you have the democrats backing entitlement reform that's a big deal. the simpson/bowles commission should have pushed forward, and gang of six, and people are throwing tantrums and holding their breath -- >> moveon.org commissioner of the nfl, let's listen to a little sports news here -- >> you all set, gary? >> yes, sir. >> okay. good afternoon. the clubs approved an agreement that was negotiated with the players this afternoon. in addition to approving that agreement, we also approved a supplemental revenue-sharing system for the next ten years. with this ratification and with the ratification of the nflpa board, we will be prepared to open the training facilities beginning on saturday, this saturday. we will then be prepared to start the new league year next wednesday subject to the full membership of the players ratifying the agreement, recertifying as a unit. obviously you know that we're all in a time constraint. that's one of the reasons we worked to get this agreement completed tonight. we are unfortunately going to have to cancel the hall of f
if you have the democrats backing entitlement reform that's a big deal. the simpson/bowles commission should have pushed forward, and gang of six, and people are throwing tantrums and holding their breath -- >> moveon.org commissioner of the nfl, let's listen to a little sports news here -- >> you all set, gary? >> yes, sir. >> okay. good afternoon. the clubs approved an agreement that was negotiated with the players this afternoon. in addition to approving that...
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Jul 19, 2011
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, big problem. and not so much because i think murdoch is going to be criminally cro criminally prosecuted, but the question is the very docile board of directors of news corporation, which is so dominated by the murdoch family, are the outside directors going to say, look, this is too much of a distraction, too much of a humiliation, to have these murdochs who were at best asleep at the switch, still in charge of the company? and that's the real peril at this point, it's will murdoch be in charge, will the murdoch family keep control, not will they be prosecuted, not will they go to jail. the issue is will they keep control of rupert murdoch's lifelong. >> excellent points. we'll keep track of this one. >>> the members gang of six who might or hope have a plan, it could be the breakthrough washington needs to start getting out of the debt crisis. >>> as we go to break, remember, we're watching a live vote from the house of representatives from a republican plan that is key to what they say key to t
, big problem. and not so much because i think murdoch is going to be criminally cro criminally prosecuted, but the question is the very docile board of directors of news corporation, which is so dominated by the murdoch family, are the outside directors going to say, look, this is too much of a distraction, too much of a humiliation, to have these murdochs who were at best asleep at the switch, still in charge of the company? and that's the real peril at this point, it's will murdoch be in...
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Jul 21, 2011
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in other words, we know they're there are big problems. we have to suck it up. >> people are feeling helpless. >> why don't they get out and show a bit of passionate? >> we see it in madison,wisconsin. in indiana. it's beginning to surface but not much. part of it is because we've been dealing with a culture of greed is good. we've been dealing with a culture of don't attack what donald trump, don't tax our success. we've got the lowest tax rates in the last 30 years. trillions of dollars in tax havens offshore. offshore subsidiaries, come racials. one out of corporations didn't pay a penny of taxes whatsoever. >> let me be the devil's advocate here. >> sure. >> is it really the big problem that rich aren't paying enough tax, or is the real problem that poor are not being looked after properly? >> it goes hand in hand. it goes hand in hand. >> donald trump has a point. there are people self-made in this country who have worked incredibly hard to get where they are. why should they have to pay exorbitant taxation? >> it's not exorbitant tax
in other words, we know they're there are big problems. we have to suck it up. >> people are feeling helpless. >> why don't they get out and show a bit of passionate? >> we see it in madison,wisconsin. in indiana. it's beginning to surface but not much. part of it is because we've been dealing with a culture of greed is good. we've been dealing with a culture of don't attack what donald trump, don't tax our success. we've got the lowest tax rates in the last 30 years....
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Jul 24, 2011
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big german shepherd. the dog was just dying. >> you got to bring water for your dog too. >> it was hot. i had to paint the picture for you. but it was very hot. and i was feeling for the dog. that's all i have to say. >> i know. you got to watch out for your pets as well. they get overheated and overexerted. that heat is unfortunately still out there for a whole lot of people. we have seen some breaks, and that's the good news. the number of advisories have gone down dramatically. oklahoma city the heat advisories are back. dallas-fort worth the heat warnings. and parts of the mid-atlantic states we still have them. but it's gone northward. that's the good news for some of you folks. we will see improvements by the middle of the week in places like philadelphia. seattle 73 degrees. >> that is lovely. >> gorgeous and sunny. >> they can bike. bike on, people. >> 71 portland. bike on in minneapolis. 79 degrees. you guys can handle that as well. one other problem we have today, there's a lot of rain. this is
big german shepherd. the dog was just dying. >> you got to bring water for your dog too. >> it was hot. i had to paint the picture for you. but it was very hot. and i was feeling for the dog. that's all i have to say. >> i know. you got to watch out for your pets as well. they get overheated and overexerted. that heat is unfortunately still out there for a whole lot of people. we have seen some breaks, and that's the good news. the number of advisories have gone down...
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Jul 23, 2011
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>>> a number of big breaking stories top this hour in the cnn newsroom. it's being called the norwegian equivalent of the oklahoma city bombing. a homegrown terrorist kills 140 people, most of them children in an attack aimed at taking over the u.s. government. a meeting between the president and the white house lasted only an hour today. this hour, new information on the next step republicans plan to take and when. >>> and -- ♪ breaking news out or london, singer and long time drug abuser amy winehouse is dead in her home. >>> and sexting took down a u.s. congressman, but you know who sexts the most? i'm don lemon, the news starts right now. >> i can't understand really what happened. >> two attacks in norway, at least 92 people dead, 85 of them at a youth camp. seven dead in a bombing in the capital of oslo. so far, one man arrested and charged in both attacks, that man identified by local media as anders baring brevin. police now say they haven't ruled out the possibility that others were involved, the accounts in the youth camp of utoya island are c
>>> a number of big breaking stories top this hour in the cnn newsroom. it's being called the norwegian equivalent of the oklahoma city bombing. a homegrown terrorist kills 140 people, most of them children in an attack aimed at taking over the u.s. government. a meeting between the president and the white house lasted only an hour today. this hour, new information on the next step republicans plan to take and when. >>> and -- ♪ breaking news out or london, singer and long...
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Jul 10, 2011
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are they the big issues? no, but they are important issues that people want to hear about. >> there is a group that is asking candidates to sign a pro marriage pledge. you only appoint conservative marriage and only remove anti-marria anti-marriage provisions in the tax code. but this was said. if you are looking at being a leader of our great country we would like to have you pledge personal fidelity to your own spouse and a respect for the marital bonds of others. first, would you sign this pledge? >> the answer is yes. i pledge personal fidelity to my wife when i was married to her, and i pledged that i would not involve myself with anybody else. >> this is a pledge you would sign? >> yes, i did agree to sign it. >> do you find it intrusive? >> look, the answer to that question is when i first read it, i thought, well i can say that because it's true. should politicians be held to that standard? if you look at the amount of disrespect or disregard members of congress have because of some of the things just
are they the big issues? no, but they are important issues that people want to hear about. >> there is a group that is asking candidates to sign a pro marriage pledge. you only appoint conservative marriage and only remove anti-marria anti-marriage provisions in the tax code. but this was said. if you are looking at being a leader of our great country we would like to have you pledge personal fidelity to your own spouse and a respect for the marital bonds of others. first, would you sign...
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Jul 16, 2011
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big game tomorrow, how are they doing? >> reporter: well, they are pretty excited and pretty confident too about the big s showdown tomorrow, t.j. they have not won a world's cup final since last century, 1999, and the players, they're feeling pretty good. listen. >> america likes championships. they like winners. they like comebacks. and i think we are the epitome of the american spirit. this team, we're full of fighters. we play with passion. and you know, we feel all of the support back home. we feel the support around the world. and we feel powerful with that support and i think we can take entitle the final. >> you know, obviously, we're on the eve of one of the biggest games of our lives, but it's the game of soccer. we've done it thousands of times before. i know that the japanese team is excited and they're going to come to play. we have to play good soccer. we have to play gutsy soccer. we have to go for it. it's no time to hold back. this is the time to take risks. this is the time to go forward and hopefully we
big game tomorrow, how are they doing? >> reporter: well, they are pretty excited and pretty confident too about the big s showdown tomorrow, t.j. they have not won a world's cup final since last century, 1999, and the players, they're feeling pretty good. listen. >> america likes championships. they like winners. they like comebacks. and i think we are the epitome of the american spirit. this team, we're full of fighters. we play with passion. and you know, we feel all of the...
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Jul 11, 2011
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president obama making the case for a big deal on the debt ceiling. meeting with congressional leaders and calling for more talks on monday with a presidential news conference ahead of it. >>> meanwhile, as you can see from live pictures from new york, that debt clock just keeps on ticking. also inflammatory words put on paper in the form of a pledge about slavery, black children, and president obama has two presidential contenders backtracking tonight. what exactly did they mean? >>> and the british invasion. william and kate's whirlwind trip through california. cnn traveled with the royals. one stop included l.a.'s skid row and -- >> as far as i'm concerned betty ford saved my life. i went to betty ford in the end of 19 5 for cocaine addiction, and i was one of the lucky ones. >> the first lady who helped save the lives of some of the most famous people in the world by turning her struggle into triumph. tonight we remember betty ford the outspoken first lady who changed the way we all view addiction and recovery. >>> good evening. i'm don lemon. tha
president obama making the case for a big deal on the debt ceiling. meeting with congressional leaders and calling for more talks on monday with a presidential news conference ahead of it. >>> meanwhile, as you can see from live pictures from new york, that debt clock just keeps on ticking. also inflammatory words put on paper in the form of a pledge about slavery, black children, and president obama has two presidential contenders backtracking tonight. what exactly did they mean?...
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Jul 23, 2011
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bush when you had the big, big tax decrease. the president spent a lot of money on the stimulus. i think that someone like steve wynn should be happy about that. that was an effort to goose the consumer economy. what they don't like is that the president sometimes talk about tax increases but they haven't even happened yet. >> terry, what do you think? >> business hates uncertainty. business in america has a very good ability to deal with current conditions but not with the uncertainty about the future. that's what's been generated out of washington steve wynn is a man who's created thousands of jobs. he has huge profits. that's what we want. we see companies like cisco and borders that don't have profits, they lay off people. steve wynn makes profits and creates jobs. and those business that is create jobs are concerned as we've seen with layoffs continuing about the future regulation, taxation and general attitudes toward economic growth. that's what's going on with the private business sector. >> that's what they say. but i actually have a hard time believing that concern abou
bush when you had the big, big tax decrease. the president spent a lot of money on the stimulus. i think that someone like steve wynn should be happy about that. that was an effort to goose the consumer economy. what they don't like is that the president sometimes talk about tax increases but they haven't even happened yet. >> terry, what do you think? >> business hates uncertainty. business in america has a very good ability to deal with current conditions but not with the...
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Jul 2, 2011
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straight ahead, we take you to the big easy for the big party. soledad's there. we're going to talk. ♪ twenty-five thousand mornings, give or take, is all we humans get. we spend them on treadmills. we spend them in traffic. and if we get lucky, really lucky, it dawns on us to go spend them in a world where a simple sunrise can still be magic. twenty-five thousand mornings. make sure some of them are pure michigan. your trip begins at michigan.org. ♪ >>> oh, man, from jennifer hudson, mary j. blanige and ush to kanye west. descend to think big easy this weekend for the 17th annual essence music festival. and we've got some cnn stars there, too. and some essence stars, as well. soledad o'brien joins us live from new orleans with a special guest. hello, ladies. by the way, the official sponsor, cnn. so how's it going so far? >> i'll answer that. it's been going really, really well. michelle ebanks is president of and is the person in charge of making sure we're all having fun. it's been great. i want to ask you a quick question about the empowerment session, th
straight ahead, we take you to the big easy for the big party. soledad's there. we're going to talk. ♪ twenty-five thousand mornings, give or take, is all we humans get. we spend them on treadmills. we spend them in traffic. and if we get lucky, really lucky, it dawns on us to go spend them in a world where a simple sunrise can still be magic. twenty-five thousand mornings. make sure some of them are pure michigan. your trip begins at michigan.org. ♪ >>> oh, man, from jennifer...
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Jul 12, 2011
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our country is not succeeding because our military is too big. people call it the military and then it's hands off. it's not military. it's defense contractors. most of our weaponry is ridiculous. it's not -- it's for fighting the russians in 1978. we don't need that. what would make this country stronger is economics. that's where the future is. that's what makes a country strong. if you're not strong economically you are not -- >> piers: that's where america is increasingly weak. >> this is one reason. we could solve this debt deficit problem if we would do two simple things. tax the rich like they used to be taxed. not a hell of a lot more, just like they were under clinton and bring the troops home. not just from iraq and afghanistan, but we have half a million troops in bases across the world. >> piers: how many do the chinese have? >> none. they don't have troops. because they know this is not the way you achieve agemny in this world. >> piers: i did a documentary in shanghai recently. fascinating time to be out there. this dynamism that yo
our country is not succeeding because our military is too big. people call it the military and then it's hands off. it's not military. it's defense contractors. most of our weaponry is ridiculous. it's not -- it's for fighting the russians in 1978. we don't need that. what would make this country stronger is economics. that's where the future is. that's what makes a country strong. if you're not strong economically you are not -- >> piers: that's where america is increasingly weak....
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Jul 13, 2011
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and that's the big thing here. it's not about the money, suzanne. it's about the 40 other families that were calling texas equusearch at the time and saying, can you look for our missing child, and they said no, because we're working on the anthony case. >> what about the sheriff's statement? the sheriff said when she is released, there is not going to be any kind of preferential treatment and they're not going to provide security for her once she leaves, but a lot of people have said, including herself, that she's in danger, she could be a target of threats. how do they handle that? >> what they're going to do is honestly try to keep her safe while she is in their custody, and once she's released, they have no duty to her anymore unless, of course, they get a 911 call from her or there's a valid threat, then they'll go and make sure she's fine. but they are a public police force. they are the taxpayer's people, so they're not a private security force. they don't have any contract with her, they have no duty beyond the duty they owe to all citizens
and that's the big thing here. it's not about the money, suzanne. it's about the 40 other families that were calling texas equusearch at the time and saying, can you look for our missing child, and they said no, because we're working on the anthony case. >> what about the sheriff's statement? the sheriff said when she is released, there is not going to be any kind of preferential treatment and they're not going to provide security for her once she leaves, but a lot of people have said,...
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Jul 29, 2011
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your conversation with senator paul is a fascinating snapshot of the big question. where do we go next. let's assume in a moment or two the house will pass this plan. we know the president says he would never sign it. we already know it is most unlikely to escape the senate and by tonight or tomorrow could be voted down in the senate. the question, wolf, after we go through the rituals. house republicans plant their flag right now and senate democrats plant their flag, when will the real negotiations begin? many people will tell you they can see the broad outlines of a deal. it's somewhere in the numbers around the reid plan. $2.5 trillion. you get cuts. you do it one time. not two like house republicans do and you can have cap in that plan and triggers for additional cuts in that plan if say the savings would come from iraq and afghanistan and don't materialize and votes on a balanced budget amendment but what the democrats reviews to do is tie an increase in the debt ceiling to passing the balanced budget amendment. you can see the rough outlines of a deal. any de
your conversation with senator paul is a fascinating snapshot of the big question. where do we go next. let's assume in a moment or two the house will pass this plan. we know the president says he would never sign it. we already know it is most unlikely to escape the senate and by tonight or tomorrow could be voted down in the senate. the question, wolf, after we go through the rituals. house republicans plant their flag right now and senate democrats plant their flag, when will the real...
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Jul 24, 2011
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we're going to talk to you because it's your big day. we're going dom back after the break and we want you to watch this with us. we're going live now to new york city. that's where michael bloomberg is going to marry his aides after a break. i love that my daughter's part fish. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000 people looking out for 70 million americans. that's health in numbers. unitedhealthcare. [oinking] [hissing] [ding] announcer: cook foods to the right temperature using a food thermometer. 3,000 americans will die from food poisoning this year. check your steps at foodsafety.gov. >>> it's a fine and fancy day in the city of new york. i feel like i should be wearing my seersucker suit and
we're going to talk to you because it's your big day. we're going dom back after the break and we want you to watch this with us. we're going live now to new york city. that's where michael bloomberg is going to marry his aides after a break. i love that my daughter's part fish. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great...
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Jul 21, 2011
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the big deal is really the deal they should make. i don't like the deal where we kick it down the road for six months. this is the time to make the deal. and i have to tell you, the republicans have the cards. people might not think that, but the republicans have all of the cards. and this is the time to get rid of obama care. this is the time to make the great deal. >> i've been following you on twitter, and you've been pretty aggressive about obama on the economy. you believe that he can't stop spending and that america has to stop spending. one of his beliefs, of course, is that he's got to get rid of these tax incentives for the rich. and look after the guys with no money. why would you oppose that as an ideology? >> well, you know, it's a different world today, piers, where people in this country can form companies in foreign countries, where they pay very little tax, much less tax. and once you start taxing -- and i'm not talking about me. but once you start taxing people that do create jobs and do createness create businesses,
the big deal is really the deal they should make. i don't like the deal where we kick it down the road for six months. this is the time to make the deal. and i have to tell you, the republicans have the cards. people might not think that, but the republicans have all of the cards. and this is the time to get rid of obama care. this is the time to make the great deal. >> i've been following you on twitter, and you've been pretty aggressive about obama on the economy. you believe that he...
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Jul 22, 2011
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we've got big companies reporting today. investors will be keeping an eye out for ge, verizon, mcdonalds, honeywell, xerox. so far these earnings that have been coming in have been pretty good. >> carter, chrysler made its final payment of the money it took from the u.s. government. what's the news? how do taxpayers end up doing? >> well, pretty good. chrysler is all paid up, kind of. the government sold off all its shares in the automaker at least six years earlier than expected. chrysler got more than $12 billion in loans. fiat ended up buying chrysler and just spent half a billion to buy back the government's remaining shares. the treasury department says taxpayers lost about $1.3 billion in the bailout. that was owed by the old chrysler before it went bankrupt before it was sold to fiat. >> carter, have a great day at the nasdaq market site. carter evans in new york. >>> for republican candidates hoping to snag the 2012 bid, it's a jungle out there. here is jon stewart with the morning punch line. >> to become their part
we've got big companies reporting today. investors will be keeping an eye out for ge, verizon, mcdonalds, honeywell, xerox. so far these earnings that have been coming in have been pretty good. >> carter, chrysler made its final payment of the money it took from the u.s. government. what's the news? how do taxpayers end up doing? >> well, pretty good. chrysler is all paid up, kind of. the government sold off all its shares in the automaker at least six years earlier than expected....
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so you think funding is the big issue? >> funding is a big issue and the desire to do it. >> desire. what about looking ahead to tomorrow? we heard about possible -- they are evaluating possibly this lightning strike from the site of the launchpad, it's supposed, to fingers crossed, 11:26 tomorrow morning, and, you know, that question is sort of pervasive through all the conversations out here. do you think it's going to happen? when do you think it will happen? do you have any intel, mr. crippen? do you know. >> as far as the lightning strike, i do know they have lots of instrumentation out at the pad. they can go look at that to see whether they think the vehicle needs to go through more testing to make sure it didn't impact it. the big if in my opinion is the weather. there's a high probability of rain. you can't fly the shuttle through rain. some probability of lightning. don't want to get involved with that, but i've seen the weather forecast to be a lot worse, and it all of a sudden it clears and we'd launch. the wea
so you think funding is the big issue? >> funding is a big issue and the desire to do it. >> desire. what about looking ahead to tomorrow? we heard about possible -- they are evaluating possibly this lightning strike from the site of the launchpad, it's supposed, to fingers crossed, 11:26 tomorrow morning, and, you know, that question is sort of pervasive through all the conversations out here. do you think it's going to happen? when do you think it will happen? do you have any...
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Jul 20, 2011
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twice as big. so everybody out there that's having to live within a budget, making the hard choices in our economy today, know that if you've grown something twice in ten years, you obviously can make some significant cuts in it without having any negative effect. >> senator coburn, let's talk about your role in the gang of six. is it correct, i mean, you bolted from the group. it was widely reported a couple of months ago. returned recently when the gang agreed to cut an additional 100-plus billion dollars from entitlement health care programs. and are you rock solid behind this new plan? >> you know, i'm rock solid behind my plan. my plan isn't going to happen. so i'm rock solid behind the plan that gets us on the way and this one does. >> your plan being the $9 trillion? >> yeah. >> the whole thing, it appears to be dependent upon rewriting the tax code. so how do we do that? how do we make all these other changes? how do we avert this, you no kn potential default in 13 days and how do we do all
twice as big. so everybody out there that's having to live within a budget, making the hard choices in our economy today, know that if you've grown something twice in ten years, you obviously can make some significant cuts in it without having any negative effect. >> senator coburn, let's talk about your role in the gang of six. is it correct, i mean, you bolted from the group. it was widely reported a couple of months ago. returned recently when the gang agreed to cut an additional...
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Jul 21, 2011
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thank you, my friend. >>> our big story, big story this morning. "atlantis" is heading home. right now it is flying over the pacific ocean. this is not just any shuttle landing, this is the final landing of the space program, of the space shuttle program. watch the landing live this hour right here on cnn in less than half an hour. >>> first, get ready for the struggle today. it is national day of tug-of-war. when you go to work, have some laughs, get out some frustration, take the staff out back for a quick tug. if that's just too much for you, there are tug-of-war apps for your smartphone, believe it or not. it is national day of tug-of-war. 21mint after the hour. [ diane lane ] is your anti-wrinkle cream gone... but not your wrinkles. new neutrogena® rapid wrinkle repair. its retinol formula smoothes wrinkles in just one week. why wait if you don't have to. neutrogena®. >>> 23 minutes after the hour. here are three things you need to have on your radar today. 10:00 a.m. eastern -- the federal election commission holds an open hearing reviewing an audit of john edwards' 2
thank you, my friend. >>> our big story, big story this morning. "atlantis" is heading home. right now it is flying over the pacific ocean. this is not just any shuttle landing, this is the final landing of the space program, of the space shuttle program. watch the landing live this hour right here on cnn in less than half an hour. >>> first, get ready for the struggle today. it is national day of tug-of-war. when you go to work, have some laughs, get out some...
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Jul 15, 2011
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>> reporter: there's big significance here. june 21st, salem lutheran church in stillwater, minnesota lost two members, michele bachmann and her husband marcus. they were formally released from their membership. church said they hadn't attended for two years, and for all those evangelical conservatives in iowa that could be something that impacts them very directly. as you know, michele bachmann has been a darling of conservative evangelicals for a long time, and if, in fact, she hasn't been attending another church for the past two years, that may not play so well in iowa. >> i was going to ask you, what type of issues do you think this might raise, her leaving the church? >> it certainly raises a lot of questions, and the one we're struggling with is why she left that church. that's something that hasn't quite been answered. the church is part of the wisconsin evangelical lutheran senate. they're the most cynical. they oppose same-sex marriage and abortion and a number of other issues. that could be one of the reasons. michel
>> reporter: there's big significance here. june 21st, salem lutheran church in stillwater, minnesota lost two members, michele bachmann and her husband marcus. they were formally released from their membership. church said they hadn't attended for two years, and for all those evangelical conservatives in iowa that could be something that impacts them very directly. as you know, michele bachmann has been a darling of conservative evangelicals for a long time, and if, in fact, she hasn't...
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Jul 26, 2011
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the next big day is august 15th or 16th when a big interest payment comes due. so pat toomey is saying he wants to prioritize interest payments on our bonds, then social security and sort of go in that direction. there are a lot of people who said the credit agencies have said this, ben bernanke has said this, default is default. if you are going to get a downgrade just because you pay your bondholders doesn't mean you won't get a downgrade. the downgrade could affect interest rates. it may be the same effect in the interesting. interesting, suzanne. i don't know whether pat toomey, what he's suggesting can have legal authority. i know that treasury is prioritizing. on august 3rd, if they don't have the money to pay all the bills, they have to make decisions as to which bills they're paying. >> is it possible to avert a financial crisis? maybe this is a big unknown, if they decide we're going to pay for this first or is it still going to be in a default situation? >> remember, there's is a technical part of this. if you don't pay by this day, they report you to
the next big day is august 15th or 16th when a big interest payment comes due. so pat toomey is saying he wants to prioritize interest payments on our bonds, then social security and sort of go in that direction. there are a lot of people who said the credit agencies have said this, ben bernanke has said this, default is default. if you are going to get a downgrade just because you pay your bondholders doesn't mean you won't get a downgrade. the downgrade could affect interest rates. it may be...
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Jul 20, 2011
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these cuts are big. they are really big and so it wouldn't be on this scale at all. >> okay. so, jessica listen. time is running out here in the u.s. if we default on the august 2nd deadline, if we don't come up with it to raise the debt ceiling, what realistically can lawmakers pass in this time? not a lot of time left. >> the likely option, the reid/mcconnell plan, being worked out in the u.s. senate right now, it will have to -- it's nobody's ideal option. it's not even necessarily going to please some of these ratings agencies that grade our credit. but it will get the debt ceiling raised and could get done in the amount of time we have left and that seems like the final fallback position for everybody. >> all right. gloria, the final word here. >> well, just to follow up on what jess is saying, i was talking to a senior republican today who described this backup plan as kind of the break glass kit, when have you an emergency, you go and break the glass, you pull it out, and you have something there to put out the fire. and i think they'll have to break the glass. >> glor
these cuts are big. they are really big and so it wouldn't be on this scale at all. >> okay. so, jessica listen. time is running out here in the u.s. if we default on the august 2nd deadline, if we don't come up with it to raise the debt ceiling, what realistically can lawmakers pass in this time? not a lot of time left. >> the likely option, the reid/mcconnell plan, being worked out in the u.s. senate right now, it will have to -- it's nobody's ideal option. it's not even...
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Jul 7, 2011
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bigness is the target. comprehensiveness and balance are our targets. >> why increase the stakes by pushing for a bigger goal with weeks to go before the deadline? the current thinking centers on this man, speaker john boehner. negotiators wondering, can he muster enough votes to get it through the house of representativ representatives. one theory is a bigger deal will help him sell the plan to conservative republicans because it contains even more deficit reduction. >> everything is on the table except raising taxes on the american people. >> congressional and white house staffs will huddle through the weekend to ma'amer out a deal. among the house republicans, spending cuts larger than the increase in the debt limit and no tax increase. some of the items democrats want, extending the payroll tax holiday and closing corporate tax loopholes and finding other ways to increase revenue. leaders mead again on sunday. candy, a bigger deal puts enemies on the table that make both sides worried. tinkering with se
bigness is the target. comprehensiveness and balance are our targets. >> why increase the stakes by pushing for a bigger goal with weeks to go before the deadline? the current thinking centers on this man, speaker john boehner. negotiators wondering, can he muster enough votes to get it through the house of representativ representatives. one theory is a bigger deal will help him sell the plan to conservative republicans because it contains even more deficit reduction. >> everything...
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Jul 31, 2011
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now the big guy comes up to bat, hitting .342 with 92 rbis and 36 homers. [fans whirring] [ding] announcer: chill raw and prepared foods promptly. one in 6 americans will get sick from food poisoning this year. keep your family safer. check your steps at foodsafety.gov. >>> welcome back to "state of the union." i am gloria borger. candy crowley is off today. and joining me from south dakota, mr. san de, i have to ask you off the bat. you have been listening out there this morning. what is your reaction to what you are hearing from mitch mcconnell and senator schumer? >> great news. sounds like we will avoid a crisis. $3 trillion in deficit reduction over the next ten years is more than what i would have expected. if they follow-through on that it's great news. it gets us close to the fiscal responsibility, and that's what we need to get to to restore stau stainability in the fiscal responsibility. if they pull it off i think we will be in good shape. >> how do you think the markets will react? >> very positively. i think the markets expect they will get som
now the big guy comes up to bat, hitting .342 with 92 rbis and 36 homers. [fans whirring] [ding] announcer: chill raw and prepared foods promptly. one in 6 americans will get sick from food poisoning this year. keep your family safer. check your steps at foodsafety.gov. >>> welcome back to "state of the union." i am gloria borger. candy crowley is off today. and joining me from south dakota, mr. san de, i have to ask you off the bat. you have been listening out there this...
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Jul 24, 2011
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a big day around new york and around the nation. same-sex marriage in new york came back a long battle in the state legislature. the speaker fought to get it passed. this morning i asked one of the most prominently gay officials about this day. >> it's the place where the lgbt civil rights movement was really born, and to have this state -- i don't meant to soupd so arrogant, but to have the center of the world do this, all eyes are on it. it will help propel this movement forward faster than any of the other states have. >> as we mentioned, come you go up at the bottom of the hour, those marriage ceremonies are set to start at the manhattan city clerk's office. this is a history-making day. new york, the state, the largest state in the union to approve same-sex marriages, and those marriages start today at the bottom of the hour. our coverage will continue. >>> i want to turn to norway where the healing is under way after friday's massacre. a memorial service just wrapped up in the capital of oslo. the death toll now at 93. police
a big day around new york and around the nation. same-sex marriage in new york came back a long battle in the state legislature. the speaker fought to get it passed. this morning i asked one of the most prominently gay officials about this day. >> it's the place where the lgbt civil rights movement was really born, and to have this state -- i don't meant to soupd so arrogant, but to have the center of the world do this, all eyes are on it. it will help propel this movement forward faster...
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Jul 23, 2011
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nationwide, you can see why where that big focus is. we're doing a little better in places across the southwest. albuquerque is looking at 88. 91 in denver. that's hot if you're exerting yourself in the peak of the heat of the day. the other thing to mention especially in the peak of the heat of the day is that the air quality and many of these cities is very poor too. you don't want to go outside for that reason either. we have been calling this a heat dome. what really is that. basically we have got this dome of high pressure that is stacked way up, thousands of feet, even miles up into the atmosphere, where we have high pressure. and what happens when you have a high pressure system, you think high and dry, sunny and beautiful, right? but high pressure has descending air in it. when it descends, it compresses and heats up. when you're near the center of the dome or the center of the high, it stays very, very warm and you're seeing the worst of it. that's why we have been seeing hotter temperatures in new york city than what you've be
nationwide, you can see why where that big focus is. we're doing a little better in places across the southwest. albuquerque is looking at 88. 91 in denver. that's hot if you're exerting yourself in the peak of the heat of the day. the other thing to mention especially in the peak of the heat of the day is that the air quality and many of these cities is very poor too. you don't want to go outside for that reason either. we have been calling this a heat dome. what really is that. basically we...
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Jul 24, 2011
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i'm not a big one on that. we said it last week, many people get great bargains at thrift stores. >> i'm still inspired by your $12 -- then the commute. you've got to drive or catch the bus or something. >> we don't realize when we drive ourself how much it's costing. we've got gas. maintenance on the car. depending on where you work you might have parking. right? one thing would be get a car pool. i know it might not be as fun and independent as having your own car. car pools will cut your cost in half. but public transport. of course, all these things we're talking about are good for the environment. also very good things. fred, before we finish, i just want to say. here's the number one reason people don't do most of these things? >> convenience? >> i'm exhausted. i'm too exhausted. i'm not organized enough. if you're struggling with money, these are things that would make a huge difference in your lives. >> at least $3,000 savings a year with her advice there. you can catch financial fix every saturday 2:00
i'm not a big one on that. we said it last week, many people get great bargains at thrift stores. >> i'm still inspired by your $12 -- then the commute. you've got to drive or catch the bus or something. >> we don't realize when we drive ourself how much it's costing. we've got gas. maintenance on the car. depending on where you work you might have parking. right? one thing would be get a car pool. i know it might not be as fun and independent as having your own car. car pools will...
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Jul 24, 2011
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we are told -- i do not -- at this time, expect any big statement oust white house or any big announcement. as we've seen these last few days anything can change at any moment. so i will keep you posted if it does, don. >> i think it's going to be a long evening for all of us. because if they come out and say something, of course, we'll bring it to you right here on cnn. and, listen, we have to say this, jessica, before we move on. the president and the leaders in washington said they wanted to get this fixed or at least some sort of agreement in the works before the asian and european markets opened tomorrow, and that's just in a few hours. >> reporter: that is correct. and, you know, as i sit there making calls trying to find out exactly what movement is happening in washington i'm also checking the s&p futures and the markets around the world, because there's already a lot of people in this town worried and seeing how things are moving. there is a lot of anxiety that the markets are already reacting, because this has a ripple effect on every american, and one thing go know, don is that
we are told -- i do not -- at this time, expect any big statement oust white house or any big announcement. as we've seen these last few days anything can change at any moment. so i will keep you posted if it does, don. >> i think it's going to be a long evening for all of us. because if they come out and say something, of course, we'll bring it to you right here on cnn. and, listen, we have to say this, jessica, before we move on. the president and the leaders in washington said they...
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Jul 15, 2011
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and of course, these are very big boots to step into. and i have to say, from what i'd heard, it's no surprise that james murdock has not, it would seem, been fully equal to the task. though i think one has to be cautious and say it will be some time before we know the full story here as to what he knew and didn't know and what he did and didn't do. >> james murdock seemed to be the real champion of this giant deal over there for bskyb. and his father seems to be the one who say, no, we're not going to do that right now, we can't do it. is this deal to quote "the princess bride" all dead or only mostly dead? >> well, the deal, had it not been sunk as i think it has been by the scandal, would have been very good indeed. this british sky broadcasting has revenues of something over 6 million pounds, i believe. that may be dollars. in any event, a year, of which the profit is close to 1 billion pounds or dollars. it's an awful lot of money. compare that with the newspapers here that he owns which, you know, it's nickels and dimes. so the rea
and of course, these are very big boots to step into. and i have to say, from what i'd heard, it's no surprise that james murdock has not, it would seem, been fully equal to the task. though i think one has to be cautious and say it will be some time before we know the full story here as to what he knew and didn't know and what he did and didn't do. >> james murdock seemed to be the real champion of this giant deal over there for bskyb. and his father seems to be the one who say, no,...
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Jul 13, 2011
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americans in big cities live longer than their country counterparts. rural residents are more likely to be obese, sedentary and smokers. this is a reversal from earlier decades. rock on, city people. >>> more money morning news -- for some money morning news, let's go to joya da. i was overcome by the fact we city people are healthy. how are futures looking? >> looking like we'll see a higher open after a series of down days. part has to do with what the fed has to say. >> the fed is going to be saying something today. this is the testimony, the scheduled testimony of ben bernanke to congress. you've been hearing this probably, too, joya. people are asking me, oh, my goodness, if this debt ceiling thing doesn't happen and european problems continue to happen, what am i supposed to do with my money? a lot of people are saying get into gold. >> gold has hit yet another record high. in the after market as high as 15.74. this comes after the federal reserve hinted for the very first time that maybe we'll see another round of monetary stimulus. the qe2 ende
americans in big cities live longer than their country counterparts. rural residents are more likely to be obese, sedentary and smokers. this is a reversal from earlier decades. rock on, city people. >>> more money morning news -- for some money morning news, let's go to joya da. i was overcome by the fact we city people are healthy. how are futures looking? >> looking like we'll see a higher open after a series of down days. part has to do with what the fed has to say. >>...
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no big deal. time after time as far as weather-related fatalities are concerned, heat is number one. more than hurricanes, more than tornados and more than floods. this needs to be taken seriously and you need to do what you can do to stay cool and give those a break outside in the heat. heat advisories for a good 29 or so states. heat indices are up over 110 and 120 in some areas. with that we have temperatures dangerously hot. it's peaking across parts of the northeast. the i-95 corridor we see the bulk of the heat. right now we look at temperatures that feel like they're up and over 110 degrees. 111 right now is the heat index in atlantic city, 110 in d.c. not only do we see temperature that is feel like they're over 110 degrees today, but we'll feel them tomorrow as well. the heat will break on sunday. until then it's dangerously hot. the actual temperatures alone as measured in the shade, don, without humidity we could set all-time record highs in some larger cities. it's going to be a histor
no big deal. time after time as far as weather-related fatalities are concerned, heat is number one. more than hurricanes, more than tornados and more than floods. this needs to be taken seriously and you need to do what you can do to stay cool and give those a break outside in the heat. heat advisories for a good 29 or so states. heat indices are up over 110 and 120 in some areas. with that we have temperatures dangerously hot. it's peaking across parts of the northeast. the i-95 corridor we...
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Jul 28, 2011
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maybe a couple of days isn't a big -- as big of a deal. certain there treasury department is making plans at this point to figure out which bills are going to get paid and which ones will get pushed off. >> sounds like we are right back where we were yesterday. we will have to wait and see. senior congressional reporter with politico. >> always good to talk to a fellow terrapin. >> that's right. go terps. >> that's a turtle, is it not? >> tortoise. much larger and lives longer. >> excellent diversion from the conversation about the debt deal. all we can keep asking is what happen it is there is no deal? if i had a nickel every time we had to ask this question i would be able to pay the national debt. the white house insists president obama will not raise the debt ceiling by himself by invoking the 14th amendment. still a lot of folks out there are talking about this escape clause. that's because former president bill clinton and some house democrats say the president should use it if no deal is reached. what are we talking about here? this
maybe a couple of days isn't a big -- as big of a deal. certain there treasury department is making plans at this point to figure out which bills are going to get paid and which ones will get pushed off. >> sounds like we are right back where we were yesterday. we will have to wait and see. senior congressional reporter with politico. >> always good to talk to a fellow terrapin. >> that's right. go terps. >> that's a turtle, is it not? >> tortoise. much larger and...
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Jul 20, 2011
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solution to a big problem. and there are a lot of things that we' placed on the table as an option. it would be wonderful if we had the republicans go on the table and put their sacred cows on the table. >> some of the republicans have done it. some of your liberal democrats in the house can't accept this gang of six proposals precisely because it deals with entitlements, social security, medicare, medicare. and they will never vote for it. and so you rear the chair. you have a tough position. you've got to get the conservative democrats, the liberal democrats. you're also a member of congress. what will you do if it comes down to a deal that the president wants, supporting the gang of six legislation and you have a lott of seniors in your district in south florida. >> making sure we protect seniors from being gravely harmed by changes to medicare is a goal of all democrats including the president. and i know that long-term making sure that we can get a big solution to a big problem is going to be important. an
solution to a big problem. and there are a lot of things that we' placed on the table as an option. it would be wonderful if we had the republicans go on the table and put their sacred cows on the table. >> some of the republicans have done it. some of your liberal democrats in the house can't accept this gang of six proposals precisely because it deals with entitlements, social security, medicare, medicare. and they will never vote for it. and so you rear the chair. you have a tough...
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Jul 14, 2011
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murdoch is a big backer of republicans. if more momentum builds for probes into possible hacking in the united states or even congressional hearings, there are cautionary tales for lawmakers, reports that tabloids sometimes turntables for those who investigate them. most of those accounts date back to well before the scandal blew back in the media in recent weeks. media standards trust tells us when british parliamentarians look into the tabloid press a couple of years ago, he heard allegations that they were discouraged from repeatedly inviting rebecca brooks, one of murdoch's top execs to receive. >> the allegation was they were told, members were told do not invite her again. do not press this one, do not push it because if you do, you're regret it. and that was made very clear to them. >> reporter: contacted by cnn, a news corporation spokeman would not comment on that allegation. >> are you concerned they might hit back at you, dig into your personal life or whatever? >> i'm not worried about my personal life nor am i
murdoch is a big backer of republicans. if more momentum builds for probes into possible hacking in the united states or even congressional hearings, there are cautionary tales for lawmakers, reports that tabloids sometimes turntables for those who investigate them. most of those accounts date back to well before the scandal blew back in the media in recent weeks. media standards trust tells us when british parliamentarians look into the tabloid press a couple of years ago, he heard allegations...
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Jul 3, 2011
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picture. >> the big picture. drew, not to worry, we'll get you in the next block. a lot of he said she said after george an they's alleged mistress took the stand. >> he said it was an accident that snowballed out of control, but i was in shock, and by the time i looked up, his eyes were filled with tears. and i didn't elaborate. >> surprising claim from crystal holloway coming up. hear what else she had to say on the stand, and we'll also have the other big stories of the day coming up. stay with us. >>> okay, you're caught up on headlines right now. dominic strauss-kahn and his wife left the manhattan townhouse for the first time since he was released from house arrest. he was accused of assaulting a hotel maid in may. in recent days, serious doubts have been raised about the alleged victim's credibility and truthfulness. moammar gadhafi is pledging revenge for bombings. the state department spokesman said the u.s. takes his threats seriously and will continue to support nato's mission in liyeah. >> tex authori
picture. >> the big picture. drew, not to worry, we'll get you in the next block. a lot of he said she said after george an they's alleged mistress took the stand. >> he said it was an accident that snowballed out of control, but i was in shock, and by the time i looked up, his eyes were filled with tears. and i didn't elaborate. >> surprising claim from crystal holloway coming up. hear what else she had to say on the stand, and we'll also have the other big stories of the day...
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didn't try to auction it off for big bucks. that maybe why he may be wishing he kept it instead coming up. [ male announcer ] things seem better with travelocity's best price guarantee. our girl's an architect. our boy's a genius. we are awesome parents! biddly-boop. [ male announcer ] if you find a lower rate on a room you've booked, we won't just match it. we'll give you $50 towards your next trip. [ gnome ] it's go time. >>> crime and punishment tonight, the investigators who built the murder case against casey anthony speak out for the first time since she was acquitted of the charge last week. at a news conference today in orlando, investigators maintained they had a solid case against casey, and while they're unhappy with the jury's decision they called on the public to respect it. a key point in the discussion today, the defense claimed that caylee died in an accidental drowning in the family swimming pool. now, a lead investigator said when they questioned casey about her daughter's death, she never said anything about
didn't try to auction it off for big bucks. that maybe why he may be wishing he kept it instead coming up. [ male announcer ] things seem better with travelocity's best price guarantee. our girl's an architect. our boy's a genius. we are awesome parents! biddly-boop. [ male announcer ] if you find a lower rate on a room you've booked, we won't just match it. we'll give you $50 towards your next trip. [ gnome ] it's go time. >>> crime and punishment tonight, the investigators who built...
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Jul 16, 2011
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and i think a big feather in our cap. that is all of us involved in the making of it. >> and many people revere you as one of the great actors of this generation. who for you -- who rocks your boat in the acting firm ament? who have been the greatest male and female actors of your lifetime? >> oh, heaven the you've got a long list. i'm going to start with the earlier ones. i mean with the later ones. because one of my big acting heroes is phillip seymour hoffman. there's meryl streep. there is jack nick -- nicholson. clint eastwood. i mean the most fun. yeah. yeah. >> well, what did you and clint get up to that we don't know about? >> that's for me to know and you to find out. isn't it? >> the mind boggles. what do you make of modern hollywood? obviously you've been around the block if you don't mind me saying a few decades. what do you make of the modern hollywood scene? >> well, it's interesting. it's interesting to watch fluctuate just what it does. they're always looking for what works best. right now we have a lot of
and i think a big feather in our cap. that is all of us involved in the making of it. >> and many people revere you as one of the great actors of this generation. who for you -- who rocks your boat in the acting firm ament? who have been the greatest male and female actors of your lifetime? >> oh, heaven the you've got a long list. i'm going to start with the earlier ones. i mean with the later ones. because one of my big acting heroes is phillip seymour hoffman. there's meryl...
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Jul 24, 2011
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even though it sells for $89 in europe, it's a big hit. but the big question is, should you really be trying to encourage, you know, your child at such an early age to know what it is to breast-feed a baby? >> well, i mean, if you have younger siblings, some children have seen this happen. i've seen kids mimic it with their baby dolls that they have. i think in the u.s. we're a little sensitive about some of these things. but a doll? i don't know. we'll see what happens. >> some folks are pretty fired up about it. some folks say, okay. all right. interesting. let's talk about a little dog now. because that one always gets people. >> i love this one. >> this one is really fun. this is a heroic little chihuahua. so these guys allegedly are robbing this convenience store. and, you know, they're breaking bad there. they've got their weapons. oh, but no. chihuahua breaks loose. >> look at the dog! >> the chihuahua starts biting. these rough and tumble dudes say, i'm out. >> yeah. they got a little bit of cash. apparently they could have gotten
even though it sells for $89 in europe, it's a big hit. but the big question is, should you really be trying to encourage, you know, your child at such an early age to know what it is to breast-feed a baby? >> well, i mean, if you have younger siblings, some children have seen this happen. i've seen kids mimic it with their baby dolls that they have. i think in the u.s. we're a little sensitive about some of these things. but a doll? i don't know. we'll see what happens. >> some...
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Jul 12, 2011
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i do not think they can get the big mega deal the president is talking about. i think they are going to have a hard time getting a mid sized deal. i think they can come up with a short term, interim package in which it requires some compromise by democrats and republicans. but the president has to compromise too. if the choice is between a default and a short term deal, there's no question he ought to go for the short term deal. >> i'm not sure these guys can figure out how to pay a parking ticket. james, you are the brilliant strategist here. one of my concerns out, and you tell me if i'm crazy. it seems to me like both sides are banking on winning, that they're going to be able to prove to everybody that they really were willing to do something and it was the other side that kept it from going forward, that they're going to win with their base. >> as far as david and senator simpson did a good job. they were calling for one-third in tax increases. what the republicans turned out and the president was talking about something between 20 and 25%. they couldn't e
i do not think they can get the big mega deal the president is talking about. i think they are going to have a hard time getting a mid sized deal. i think they can come up with a short term, interim package in which it requires some compromise by democrats and republicans. but the president has to compromise too. if the choice is between a default and a short term deal, there's no question he ought to go for the short term deal. >> i'm not sure these guys can figure out how to pay a...
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Jul 19, 2011
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has a very big funding problem. this new consumer protection agency is not there yet and as long as the president comes out and fights on the grounds he laid out today, he'll win. >> i want to talk about the work of the agency itself. how much do consumers need this? we're not just talking about credit cards and mortgages and -- we're talking about unfair practices that consumers aren't even aware of. it's inside baseball. not reading the fine print. >> i don't think it's inside baseball, i don't know about you, but the last time i got clarification of credit card terms, a little document, but it was like concertina. i don't have the eyesight to read that level of fine print. >> personally, in the middle of a refi, and the person on the other end, she may have been speaking a foreign language. all of these people don't know the parameters. most people aren't that abreast of it. >> know before you owe is one of the agency's landmark items right now, and a very good initiati initiative, and legitimate, honest people i
has a very big funding problem. this new consumer protection agency is not there yet and as long as the president comes out and fights on the grounds he laid out today, he'll win. >> i want to talk about the work of the agency itself. how much do consumers need this? we're not just talking about credit cards and mortgages and -- we're talking about unfair practices that consumers aren't even aware of. it's inside baseball. not reading the fine print. >> i don't think it's inside...
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Jul 10, 2011
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we're talking about big washington law firms. we're talking about lobbying firms, and things like pricewaterhouse. good companies, but to say that you're protecting small businesses and mom-and-pops is just dead wrong. it's counterfactual. i think we should put an end to that myth right now. what they're protecting are big corporate special interests, oil and gas company, corporate jets, those kind of entities. >> their argument is, look, we -- a lot of republicans say, fine, we think some of these loopholes ought to go but in order to do that we have to have tax reform which we can't get really get between now and august 2nd. if they would agree to that in exchange for some sort of deal that would say we have to have tax reform by date certain, would you go for that? >> we're all for tax reform. we think we should bring down the corporate rate, expand the base -- >> it's part of the price of getting them to agree to something. >> yeah, and part of that could go to debt reduction. here's the republican position. but not one penny
we're talking about big washington law firms. we're talking about lobbying firms, and things like pricewaterhouse. good companies, but to say that you're protecting small businesses and mom-and-pops is just dead wrong. it's counterfactual. i think we should put an end to that myth right now. what they're protecting are big corporate special interests, oil and gas company, corporate jets, those kind of entities. >> their argument is, look, we -- a lot of republicans say, fine, we think...
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Jul 15, 2011
07/11
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it's not going to be that big of a deal. you listen to michele bachmann, a ton of these house republicans, just shut the thing down. that's the only way you get to do this thing. it's sinful to vote for this. by the way, a majority of the country, a majority of country says that they're not in favor of increasing the debt limit. that's just a fact. >> and you also have people like nancy pelosi saying that entitlement reform is absolutely off the table even after the president of her own party put it on the table. so there are people in both parties who are playing games with this. i just think it's a shame that a deal that would have both raised revenue, not tax rates, and reformed entitlements and cut spending has been on the table in washington, d.c. for six months and it hasn't gotten done. >> well, i don't know of a single democrat that said that that is no big deal if they don't raise the debt ceiling. >> nancy pelosi and others said you can't touch entitlements. >> i don't know a single democrat that said it's not a bi
it's not going to be that big of a deal. you listen to michele bachmann, a ton of these house republicans, just shut the thing down. that's the only way you get to do this thing. it's sinful to vote for this. by the way, a majority of the country, a majority of country says that they're not in favor of increasing the debt limit. that's just a fact. >> and you also have people like nancy pelosi saying that entitlement reform is absolutely off the table even after the president of her own...